, co-founded by ChatGPT’s Sam Altman, jumped 74% after Eightco announced a $250M Worldcoin treasury strategy and South Korea’s Upbit listed the token.){kind=link}
Worldcoin (WLD), the cryptocurrency co-founded by OpenAI and ChatGPT co-founder Sam Altman, increased 74% in the past 24 hours after an important announcement by Eightco Holdings Inc. (NASDAQ:OCTO).
The publicly traded company announced that it raised $250 million via a private placement to create what it calls the “world’s first Worldcoin treasury strategy.”
BitMine Immersion Technologies (NYSE:BMNR) invested $20 million in the plan, making Worldcoin Eightco’s primary reserve asset.
The market reacted immediately and sent WLD’s price to $2.09 with an unbelievable 24-hour trading volume of $4.7 billion.
Details of Eightco’s Strategic Move and Institutional Participation
The private placement involved the issuance of around 171.2 million shares at $1.46 per share, as well as an additional 13.7 million shares to BitMine at the same price.
MOZAYYX led the funding round with substantial interest from institutional companies World Foundation, Discovery Capital Management, and Brevan Howard.
The deal is expected to close on or about September 11, 2025, subject to the approval of Nasdaq, and is expected to proactively close before its final due diligence.
In connection with its new direction, Eightco will change its Nasdaq ticker from “OCTO” to “ORBS” on the same day.
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Strengthened Leadership and Worldcoin’s Proof of Human Vision
As part of its strategic realignment, Eightco appointed Dan Ives, a well-respected Wall Street analyst and AI expert, as Chairman of the Board.
The Company has indicated its focus is on Worldcoin’s Proof of Human technology, which uses iris-scanning Orb devices to verify unique human beings while also ensuring privacy through zero-knowledge digital identities.
Sam Altman also suggested the global mission and scale of Worldcoin, noting that the project has already created 16 million Proof of Human accounts in 45+ countries.
Altman added, “If we are able to deliver on our mission, World might be the largest online network of real people, fundamentally changing how we connect and transact on the Internet.”
Upbit Listing and Multi-Chain Trading Support Expand WLD Accessibility
Amidst the momentum, South Korea’s Upbit exchange announced new trading support for Worldcoin (WLD) on the KRW, BTC, and USDT markets.
Trading is set to go live on September 9 at 9:30 PM, with multi-chain deposit and withdrawal features enabled on World Chain, Ethereum, and Optimism networks.
For the first two hours of trading, limit orders only will be supported to ensure overall market tranquility. When the announcement hit, WLD’s price on Upbit surged from $1.47 to $1.94, creating additional support for international investor interest.
Also Read: Nasdaq-Listed CIMG Converts $55M Equity Sale Into 500 Bitcoin Treasury
Market Impact: WLD and Eightco Stocks Deliver Explosive Gains
Currently, Worldcoin has a market cap of approximately $4.2 billion with a circulating supply of 2 billion tokens.
WLD price was able to have a stunning 74% 24-hour surge and a 138.42% increase in the past week, which has made it one of the most monitored digital assets so far in 2025.
The recent rise coincided with historical gains in Eightco’s stock, which increased 3,008% to $45.08 following the announcement of WLD. This incredible uptick in Eightco’s stock showed how excited investors were.
With significant backers and established mainstream access to trades, and having leadership aligned with Sam Altman’s AI ambitions, Worldcoin is now gearing itself up for a return to make a meaningful contribution to the world in terms of digital identity and blockchain adoption across continents.
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